As businesses, Pandora and Spotify are divorced from music. To me, it’s a short logical step to observe that they are doing nothing for the business of music—except undermining the simple cottage industry of pressing ideas onto vinyl, and selling them for more than they cost to manufacture.

Great piece that does a common sense breakdown of one musician’s personal experience in the industry. Too many great lines to choose from, in fact, like this bit about the aforementioned streaming companies:

These aren’t record companies—they don’t make records, or anything else; apparently not even income. They exist to attract speculative capital.